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Dec 28, 2012
12/12
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at the opening bell, a dive of more than 1%. investors finding little hope for the fiscal cliff compromise on capitol hill. when word came down two sides might be meeting. reversal of fortune. the dow rebounding for a while before finishing slightly lower. >>> a nation this morning remembering the american general credited with orchestrating one of the most lopsided military victories in military history. general norman schwarzkopf died yesterday in florida. he was 78 years old. and remembered by many from briefings like this one here, a media savvy general taking the lead in the first gulf war. the white house saying this about the general last night. our prayers are with the schwarzkopf family who tonight can know his legacy will endure in a nation that is more secure because of his patriotic service. senator john mccain on twitter calling the general one of the great american heroes. we thank him for his service. stormin norman, as he was called, was a big man who left a big legacy. with us this morning is another general, ge
at the opening bell, a dive of more than 1%. investors finding little hope for the fiscal cliff compromise on capitol hill. when word came down two sides might be meeting. reversal of fortune. the dow rebounding for a while before finishing slightly lower. >>> a nation this morning remembering the american general credited with orchestrating one of the most lopsided military victories in military history. general norman schwarzkopf died yesterday in florida. he was 78 years old. and...
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Jan 3, 2013
01/13
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he should go to belle harbor, to breezy point. he should talk to those folks whose homes were burned to the ground. i was standing there with senator schumer, who worked so hard to try to get us this money, standing there as people walked up to that area that had been burnt. and you could tell, wolf, on their face whether their home had made it or not. they would see whether their home was bunt to the ground or still standing. i don't know why speaker boehner didn't do what he should have done. why he didn't lead. but he needs to answer to that question, to those people in coney island. to those people in lower manhattan. to those people in the rockaways and in far rockaway. and you know what? there really isn't a good answer for being speaker of the house of representatives and being so devoid of any leadership or really responsible action. and it sends not just a bad message to those of us who've been impacted by sandy. this leaves a question mark for americans about what congress will do when they and if they are ever in need.
he should go to belle harbor, to breezy point. he should talk to those folks whose homes were burned to the ground. i was standing there with senator schumer, who worked so hard to try to get us this money, standing there as people walked up to that area that had been burnt. and you could tell, wolf, on their face whether their home had made it or not. they would see whether their home was bunt to the ground or still standing. i don't know why speaker boehner didn't do what he should have done....
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Jan 2, 2013
01/13
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within the first hour of the opening bell, stocks soared 215 points. the dow jones is now up 233 points and no doubt investors are happy the nation won't plummet over the fiscal cliff. the hundreds of billions of dollars in tax hikes and spending cuts that were to hit if no deal was reached. >> taxes were going up when all americans on january 1st and we made permanent the bush tax cuts for 99% of americans. i think that's an important thing to do. >> the house passed the bill 257-167 with nearly all the nays coming from republicans. there is much more in the 157-page bill. and that's why jamie dupree is here with me, the radio news director for the washington bureau of the cox media group. jamie, thank you for joining us. there are a lot of tax breaks, what is called extenders, dozens and dozens of them including 340 million for film production, nascar gets a $70 million tax benefit. tell me about some of the other ones. are they all special interests here? >> they're not all special interests. but a lot of them, don, do have to do with business. ther
within the first hour of the opening bell, stocks soared 215 points. the dow jones is now up 233 points and no doubt investors are happy the nation won't plummet over the fiscal cliff. the hundreds of billions of dollars in tax hikes and spending cuts that were to hit if no deal was reached. >> taxes were going up when all americans on january 1st and we made permanent the bush tax cuts for 99% of americans. i think that's an important thing to do. >> the house passed the bill...
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Jan 3, 2013
01/13
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forward to the situation room coming up in just minutes. >>> we're also minutes away from the "closing bell." let's go to felicia taylor. felicia? >> adding 115,000 to jobless claims. we also got good news on auto sales. ford, chrysler, gm all having increased sales. but january is going to be a volatile month and then we got the federal reserve minutes and that was available to us and there was some discussion that they may end this bond buying program that's been propping up the stock market for such a long time and that's exactly what wall street doesn't want to hear. so now we've backed into negative it tif territory and will probably end the day down. frank frankly, it's highly unlikely that you would see that kind of gain continue. this little bit of a pullback isn't such a bad thing. as one analyst said, we only got half a loaf out of washington. we're still waiting to find out if those spending cuts are actually going to happen. joe? >> everyone and felicia, i mean everyone, has been weighing in with thoughts about the fiscal cliff deal. that also includes the country's ratings agen
forward to the situation room coming up in just minutes. >>> we're also minutes away from the "closing bell." let's go to felicia taylor. felicia? >> adding 115,000 to jobless claims. we also got good news on auto sales. ford, chrysler, gm all having increased sales. but january is going to be a volatile month and then we got the federal reserve minutes and that was available to us and there was some discussion that they may end this bond buying program that's been...
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Jan 2, 2013
01/13
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reaction from marsha blackburn of tennessee. >> also ahead, 22 minutes past the hour. with the fiscal cliff deal in place, what about you? what about your 401(k). what could happen on wall stleet? we'll talk with that ahead. >> when kids arrive back in school. they will be greeted by a new site. armed guards. the new normal it's being called. that's next. you're watching "starting point." ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. th
reaction from marsha blackburn of tennessee. >> also ahead, 22 minutes past the hour. with the fiscal cliff deal in place, what about you? what about your 401(k). what could happen on wall stleet? we'll talk with that ahead. >> when kids arrive back in school. they will be greeted by a new site. armed guards. the new normal it's being called. that's next. you're watching "starting point." ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut!...
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Jan 2, 2013
01/13
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>> that is the expectation. [ bell ringing ] the opening bell ringing now. get ready to call this a fiscal cliff relief rally. expect to see a triple-dingity gain on the dow. the bigger question, will this rally last? stocks are more of this forward-looking indicator of negotiations over spending cuts and the debt ceiling, the market could be in for rough days ahead. it's the early days of the year that are important, a strong first five days of january almost always leads to gains for the year. it held true in 2012. the s&p 500 gained 13% for the year so we should only hope to see strong gains in the first five days of january. as the day goes on, looking at an 82-point gain on the dow for now. >> alison, we'll stay close to you and stand by, we'll check what the market is doing over the next 90 minutes. >>> it doesn't matter what side of the aisle you're on. the fiscal cliff solution is making a lot of people unhappy. congressman peter welch from vermont voted for it last night, it's good to have you. >> thank you. >> something you said yesterday just befo
>> that is the expectation. [ bell ringing ] the opening bell ringing now. get ready to call this a fiscal cliff relief rally. expect to see a triple-dingity gain on the dow. the bigger question, will this rally last? stocks are more of this forward-looking indicator of negotiations over spending cuts and the debt ceiling, the market could be in for rough days ahead. it's the early days of the year that are important, a strong first five days of january almost always leads to gains for...
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Dec 31, 2012
12/12
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speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you our viewers to send in your thoughts, your messages to elected representatives, so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> have a good night. i'm don le
speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning...
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Jan 3, 2013
01/13
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everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. >>> it is 14 minutes past the hour. let's get you up to date. the 113th congress will be sworn in today at noon eastern time. even with new faces in both the house and senate, the new congress will need to pick up where the 112th left off. it must confront the federal debt ceiling and deal with the deep spending cuts called for in those fiscal cliff negotiations. >>> with a deep desire for normalcy, students from connecticut's sandy hook elementary school returned to class today, the first time since the d
everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus...
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Jan 2, 2013
01/13
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we're still four hours away from the opening bell. things can change. but the indications are markets, investors very pleased this is out of the way. >> i think a lot of people are happy to hear that but with all of this gloom and doom, you wonder long term what will happen. >> we have a budget process in this country that has set us up for 11th hour conflict one after the other and i think that will be a hallmark of this year. >> too bad. 27 past the hour. when public schools open their doors in new jersey this morning, there will be a major change. armed security guards. that's coming up next. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. >>> the deal is done.end of the fiscal cliff is here, but will you be happy. >> and anna storm returns to television after sustaining second degree burns in a horrific
we're still four hours away from the opening bell. things can change. but the indications are markets, investors very pleased this is out of the way. >> i think a lot of people are happy to hear that but with all of this gloom and doom, you wonder long term what will happen. >> we have a budget process in this country that has set us up for 11th hour conflict one after the other and i think that will be a hallmark of this year. >> too bad. 27 past the hour. when public schools...
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Jan 1, 2013
01/13
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and for some same-sex couples in maryland, that means wedding bells. brian todd has details. >> reporter: wolf, an historic day for social change in the united states. today, maryland became the first state south of the mason-dixon line, that's the historic line dividing north and south in america, the first state south of that line to have legalized same-sex marriage. and this is the place that lent so much symbolism to it all, city hall here in baltimore. at just after midnight, several same-sex couples got married right here. baltimore mayor stephanie rawlings blake officiated at their ceremonies. some of them spoke to reporters. take a listen. >> jim and i met in 1977. and at that time, i just didn't really believe that gay people would ever see the day that they could marry. >> i'm very happy. this is as happy as i've ever been, and to be able to spend the rest of my life with bill, legally, and just show the gay communities, it can be done. >> reporter: now, maryland's governor martin o'malley went against several leaders of his own catholic fait
and for some same-sex couples in maryland, that means wedding bells. brian todd has details. >> reporter: wolf, an historic day for social change in the united states. today, maryland became the first state south of the mason-dixon line, that's the historic line dividing north and south in america, the first state south of that line to have legalized same-sex marriage. and this is the place that lent so much symbolism to it all, city hall here in baltimore. at just after midnight, several...
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Dec 31, 2012
12/12
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really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vw
really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can...
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Dec 26, 2012
12/12
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will boehner reconvene the house? >> reporter: i'm told by a source familiar with the call, which just happened within last hour, as you said, that no decision was made on the schedule or timing for the house. as we talked about an hour ago, the leaders in the house have promised the members that they won't be called back without 48 hours notice. so at this point it is wednesday afternoon, they won't even be back, the earliest, until a saturday, if they haven't made a decision today. but, of course, it is true, basic civics tells us all this, that nothing can get done until the house and senate pass it. however, the action, which is really focused on the house up until now, will be and is now more on the senate. the senate democratic leader harry reid is the one trying to figure out if he can get the votes from enough republicans to pass the kind of scaled back bill that the president himself talked about on friday before he went to hawaii, which is effectively his plan to keep taxes in place, tax cuts in place, i sho
will boehner reconvene the house? >> reporter: i'm told by a source familiar with the call, which just happened within last hour, as you said, that no decision was made on the schedule or timing for the house. as we talked about an hour ago, the leaders in the house have promised the members that they won't be called back without 48 hours notice. so at this point it is wednesday afternoon, they won't even be back, the earliest, until a saturday, if they haven't made a decision today. but,...
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Jan 2, 2013
01/13
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big rally for the opening bell. is it holding? >> it is holding. investors reacting how we expected. we see huge gains for stocks to kick off the new year and that's from big gains overnight from markets around the world and that's about the deal to avoid the fiscal cliff. all 30 stocks ma make up the dow jones industrial average are moving higher. hewlett-packard and shares of caterpillar are leading the dow. they were two of the worst performers of 2012, so it may be bargain hunting going on. suzanne. >> tell us about what is not in the bill. >> okay. yeah, you have to remember that the automatic spending cuts, that can was kicked down the road another 60 days. it means another fight is on the horizon for the new congress, and the same set of spending cuts some say threaten economic growth and others say are necessary are still a possibility. these are 8% to 10% cuts to the budgets of most federal agencies and they include defense. the threat of the sequester, that's already having an economic impact, thousand, because government contractors have
big rally for the opening bell. is it holding? >> it is holding. investors reacting how we expected. we see huge gains for stocks to kick off the new year and that's from big gains overnight from markets around the world and that's about the deal to avoid the fiscal cliff. all 30 stocks ma make up the dow jones industrial average are moving higher. hewlett-packard and shares of caterpillar are leading the dow. they were two of the worst performers of 2012, so it may be bargain hunting...
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Dec 31, 2012
12/12
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turns out the end result was no bell weather for the presidential race. walker won, the first governor in u.s. history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans think christie didn't have to be that abusive. he'll remember if his name pops up in 2016. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> from the say what category of entries comes a combo team, todd akin and richard murdoch. >> life is a gift from god, and i think even when life begins in that horrible situation of rape, it is something that god intended to happen. >> republican dreams to take control of the senate in 2012 had dwindled throughout the year, but akin and murdoch pretty much shut that door in a couple sentences. two
turns out the end result was no bell weather for the presidential race. walker won, the first governor in u.s. history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans...
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Dec 26, 2012
12/12
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beating the nuggets, a score of 112-1000, 22-6 on the year. earlier in the day, in the very same building, the l.a. lakers beat the knicks, winning their fifth game in a row, and look who is court side, take a look. rihanna, chris brown, together. you know, the guy who beat her up in his car the night before the 2009 grammys? brown pleaded guilty to assault after that. he is it still on probation. >>> ahead on "starting point" what could be the surefire movie blockbuster of next year. leonardo dicaprio in a classic remake with a modern twist. that and more of the big releases to come in 2013. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ b
beating the nuggets, a score of 112-1000, 22-6 on the year. earlier in the day, in the very same building, the l.a. lakers beat the knicks, winning their fifth game in a row, and look who is court side, take a look. rihanna, chris brown, together. you know, the guy who beat her up in his car the night before the 2009 grammys? brown pleaded guilty to assault after that. he is it still on probation. >>> ahead on "starting point" what could be the surefire movie blockbuster of...